Chevron pens new long-term LNG supply deal with GS Caltex

Chevron pens new long-term LNG supply deal with GS Caltex
Image courtesy of Chevron

U.S. oil and gas major Chevron signed a new sales and purchase agreement with GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea.

Chevron said on Wednesday that GS Caltex, a joint venture between Chevron and GS Energy, signed a long-term agreement and would begin receiving LNG from Chevron’s global supply portfolio in October 2019.

The company has not unveiled the volume or the term of the deal.

It is worth mentioning that Chevron has an existing LNG sales and purchase agreement with GS Caltex executed in 2009.

Chevron leads a number of liquefied natural gas projects currently producing the chilled fuel including the Angola LNG project as well as the Gorgon and Wheatstone liquefied natural gas projects in Australia.

Share this article

Follow LNG World News


<< May 2019 >>
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >